DFS Group is Shuttering the Fondaco dei Tedeschi Store in Venice [Yahoo! Finance]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
NASDAQ:AMEX Investor Relations:
lvmh.com/investors
Company Research
Source: Yahoo! Finance
The sprawling unit first opened in 2016 and was at the time the first DFS store in Europe. More from WWD Audemars Piguet's CEO Ilaria Resta Talks About Why Growth Isn't the Only Path and More L'Oréal and the Louvre Tell the History of Beauty Through Art Angelina Jolie Embraces the Transformative Power of 'A Perfect Red Lip' in New Tom Ford Runway Lip Color Campaign In a statement on Friday issued from DFS's Hong Kong headquarters, the group said the “difficult decision” was made after “careful consideration” and that it would not renew the lease that ends by September 2025. It is also a move that is “part of a global restructuring” of DFS and pointed to “very difficult” results out of the Venice store. DFS is aiming to keep the store during part of the first half of 2025. “In this transition phase, our primary goal is to minimize the social impact for our dedicated team,” the statement said. “We are committed to keep our employees informed throughout the process, work
Show less
Read more
Impact Snapshot
Event Time:
LVMUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LVMUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LVMUY alerts
High impacting LVMH-MOET H/L/V UNSP/ADR news events
Weekly update
A roundup of the hottest topics
LVMUY
News
- Annual beauty Advent calendar craze is changing how cosmetics brands court new shoppers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- In Praise of Adele and the Long Black Dress [The New York Times]The New York Times
- BIG BANG UNICO NOVAK DJOKOVIC [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- LVMH Billionaire Bernard Arnault Receives Malcolm S. Forbes Lifetime Achievement Award [Forbes]Forbes
- BIG BANG UNICO NOVAK DJOKOVIC [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The